Master of
Real Estate

Create the future of responsible development.

Downtown buildings under construction


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Learn more about the Master of Real Estate Development and talk with a recruiting specialist by calling 520-621-9819 or completing this form:



The Master of Real Estate Development (MRED) program recruits students with great potential and prepares them to become responsible property investors and developers.

Earn the MRED in person or online. Full-time students can finish in three semesters, while working professionals have the opportunity to complete the degree at their own pace.

Our expert faculty will prepare you for a rewarding career in the real estate investment and development market.

What You'll Learn

In the Master of Real Estate Development, you’ll learn:

  • Principles of real estate, entitlement and construction
  • Placemaking for future markets and communities
  • Fundamentals of real estate finance, capital markets and land development
  • Principles of real estate investment
  • Advanced real estate finance, technologies and data sources
  • Foundations of urban economic principles
  • Responsible property investment and sustainability
  • Decision-making under risk and uncertainty
  • Professional communication
  • Professional practice policies, procedures and ethics

You’ll graduate ready to thrive as someone who can create and sustain multiple dimensions of value in one of the largest financial and asset markets in the world.

Funding is available for qualified students.


Earn your Master of Real Estate Development in as little as 12 months online, 18 months on campus


of Master of Real Estate Development graduates find employment in the field within a year of graduation


substantive areas of focus: Real Estate Development Analysis, Real Estate Development Finance and Real Estate Development Practice

The CAPLA Student Experience

The Master of Real Estate Development is home to a diverse group of students, from recent graduates to experienced professionals, who join us from nearly every state in the nation and around the world.

You’ll have plenty of individual attention from faculty who are experts in the field, many of whom are practitioners themselves. The program has close ties to real estate industry leaders who share their expertise in the classroom as guest lecturers and through field trips and site visits.

Explore the Student Experience      View MRED FAQs

Our Master of Real Estate Development program unites world-renowned faculty, passionate students and experienced professionals who collaborate to address future development challenges and opportunities.

Lauri Macmillan Johnson, Director, School of Landscape Architecture and Planning

Ready to take the next step in your real estate development career?

Learn more about the Master of Real Estate Development by contacting Emilio Romero, graduate services coordinator, or begin your application now:

Start Your Application